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The Morning After: Tesla's cheaper Model Y is almost here

Employees are able to buy one already.

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Mat Smith
April 13, 2022 7:15 AM
In this article: themorningafter, gear, newsletter
SHANGHAI, CHINA - APRIL 20:  A Tesla Model Y car is on displayed during the 19th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2021, at National Exhibition and Convention Center (Shanghai) on April 20, 2021 in Shanghai, China.  (Photo by Zhe Ji/Getty Images)
Zhe Ji via Getty Images

Still waiting on a new Tesla with its higher-capacity batteries? Perhaps, once the company’s employees have got theirs, you’ll also be able to grab a Model Y with longer range. Electrek reports Tesla is selling the Model Y in a new Standard Range AWD variant that uses 4680 cells to offer 279 miles of range and five-second 0-60MPH for $59,990, which is $3,000 less than the Long Range AWD.

These 4680 cells are actually twice as large as Tesla's existing units — with five times the capacity. It means the company can choose to extend the range of its vehicles or use fewer batteries, which would shrink costs while maintaining range parity.

Reportedly, we muggles should be able to pick up the cheaper Model Y in the coming weeks, at a time when all the carmakers are finally ready to offer us a lot more EV options. We have news about Toyota’s late-to-the-party electric car below, and Honda plans to launch 30 EV models by 2030.

— Mat Smith

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